₹47-crore wholesale fish market planned in Hyderabad under ₹353-crore fisheries push
The Indian government has approved fisheries development projects worth ₹353 crore in Telangana under the Pradhan Mantri Matsya Sampada Yojana. This initiative includes the construction of a modern wholesale fish market in Hyderabad and various infrastructure upgrades to support aquaculture.
Why it matters
This investment aims to modernize the fisheries sector and improve supply chain infrastructure, directly impacting the livelihoods of local fish farmers.
The Centre has approved fisheries development projects worth ₹353.01 crore in Telangana under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), including a state-of-the-art wholesale fish market in Hyderabad with comprehensive cold chain facilities at a cost of ₹47.03 crore.
This was informed by Union Minister for Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh (Lalan Singh) in a written reply to a question raised by Rajya Sabha member K. Laxman on Wednesday.
The Minister stated that the Centre’s share in the projects aimed at developing fish farming and aquaculture amounts to ₹112.68 crore. Approvals have been granted for various initiatives under the scheme, including the establishment of hatcheries, modern aquaculture systems, fish sales outlets, market infrastructure, livelihood development programmes and a state-of-the-art wholesale fish market in Hyderabad.
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